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The man who has been given the responsibility of turning the theory of a single financial regulator into a reality has had a busy time at the top.Between preparing the industry for N2 and dealing with episodes like Equitable Life or the aftermath of the September 11 terrorist attacks, FSA chairman and chief executive Sir […]

Legal & General says rolling out its online business completion service to include mortgage decreasing term assurance has shown that IFAs will trade online.L&G started offering mortgage decreasing term assurance online four weeks ago and says that 25 per cent of all new business applications for the product are completed online.L&G IFA e-commerce account director […]

Autif is encouraging investors to persevere with equity investment despite the recent hammering in stockmarket values.It says despite a 12 per cent fall in the UK stockmarket over the past three months, 10-year returns from equity and corporate bond funds have convincingly beaten bank and building society savings accounts.Its latest quarterly chartpack shows that every […]

The Government is considering introducing decision trees for annuity purchase and allowing policyholders to transfer their annuity between providers after income has been drawn.The revelation on trees for annuities is likely to concern IFAs and will fuel fears of annuity misbuying.The proposals for decision trees and transferability are just part of a package of reforms […]

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The European markets regulator has expressed concern UK finance companies could make use of loopholes between the UK and EU after Brexit, according to the Financial Times. Speaking at a conference in London, the European Securities and Markets Authority chair Steve Maijoor said this was one of the reasons Esma is seeking to directly supervise […]

Theresa May’s announcement from earlier today that she will step down as prime minister on Friday 7 June brought a new direction to deadlocked British political scene. Yet figures from the investment management sector say her resignation does not spell the end of uncertainty, which has been holding back investment decisions. Hermes Investment Management chief […]

The FCA’s Intergenerational Differences paper highlights the difficulties that people in their late 30s to early 50s face in saving for retirement. How can the industry improve their prospects? Grouping people according to age, gender, marital status and how wealthy they are is something product providers and advice firms do to tailor their services to […]

24th May 201912:17 pm

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